Definition of equity

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Equity (n.) Equality of rights; natural justice or right; the giving, or desiring to give, to each man his due, according to reason, and the law of God to man; fairness in determination of conflicting claims; impartiality..

Lern More About Equity

Liable :: Liable (v. t.) Bound or obliged in law or equity; responsible; answerable; as, the surety is liable for the debt of his principal..
Equitable :: Equitable (a.) Possessing or exhibiting equity; according to natural right or natural justice; marked by a due consideration for what is fair, unbiased, or impartial; just; as an equitable decision; an equitable distribution of an estate; equitable men..
Lawsuit :: Lawsuit (n.) An action at law; a suit in equity or admiralty; any legal proceeding before a court for the enforcement of a claim.
Answer :: Answer (n.) A counter-statement of facts in a course of pleadings; a confutation of what the other party has alleged; a responsive declaration by a witness in reply to a question. In Equity, it is the usual form of defense to the complainant's charges in his bill..
Subpoenaed :: Subpoena (n.) A writ commanding the attendance in court, as a witness, of the person on whom it is served, under a penalty; the process by which a defendant in equity is commanded to appear and answer the plaintiff's bill..
Justness :: "Justness (n.) The quality of being just; conformity to truth, propriety, accuracy, exactness, and the like; justice; reasonableness; fairness; equity; as, justness of proportions; the justness of a description or representation; the justness of a cause..
Equity :: Equity (n.) Equality of rights; natural justice or right; the giving, or desiring to give, to each man his due, according to reason, and the law of God to man; fairness in determination of conflicting claims; impartiality..
Chancellor :: Chancellor (n.) A judicial court of chancery, which in England and in the United States is distinctively a court with equity jurisdiction..
Proctor :: Proctor (n.) An officer employed in admiralty and ecclesiastical causes. He answers to an attorney at common law, or to a solicitor in equity..
Decree :: Decree (n.) A decision, order, or sentence, given in a cause by a court of equity or admiralty..
Incompetent :: Incompetent (a.) Wanting the legal or constitutional qualifications; inadmissible; as, a person professedly wanting in religious belief is an incompetent witness in a court of law or equity; incompetent evidence..
Right :: Right (a.) Conformed to the constitution of man and the will of God, or to justice and equity; not deviating from the true and just; according with truth and duty; just; true..
Unequity :: Unequity (n.) Want of equity or uprightness; injustice; wickedness; iniquity.
Prosecution :: Prosecution (n.) The institution and carrying on of a suit in a court of law or equity, to obtain some right, or to redress and punish some wrong; the carrying on of a judicial proceeding in behalf of a complaining party, as distinguished from defense..
Re-demption :: Re-demption (n.) The liberation of an estate from a mortgage, or the taking back of property mortgaged, upon performance of the terms or conditions on which it was conveyed; also, the right of redeeming and reentering upon an estate mortgaged. See Equity of redemption, under Equity..
Chancery :: Chancery (n.) In England, formerly, the highest court of judicature next to the Parliament, exercising jurisdiction at law, but chiefly in equity; but under the jurisdiction act of 1873 it became the chancery division of the High Court of Justice, and now exercises jurisdiction only in equity..
Validity :: Validity (n.) Legal strength, force, or authority; that quality of a thing which renders it supportable in law, or equity; as, the validity of a will; the validity of a contract, claim, or title..
Legal :: Legal (a.) Governed by the rules of law as distinguished from the rules of equity; as, legal estate; legal assets..
Casuistry :: Casuistry (a.) The science or doctrine of dealing with cases of conscience, of resolving questions of right or wrong in conduct, or determining the lawfulness or unlawfulness of what a man may do by rules and principles drawn from the Scriptures, from the laws of society or the church, or from equity and natural reason; the application of general moral rules to particular cases..
Unrighteous :: Unrighteous (a.) Contrary to law and equity; unjust; as, an unrighteous decree or sentence..
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